@Lemand also, the company has included royalty estimates in its EBITDA. The 21 March 2018 announcements shows only 30% income tax was deducted from the EBITDA to get the CASH FLOW number
also, it appears they only included mining costs in their OPEX but not transport, marketing, admin, etc. Regardless, the company finalised CASH-FLOW numbers that includes these other costs
looks like an interesting project....
Ann: Trading Halt, page-16
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